2. LOSS PER SHARE

6 Months Ended

Jun. 30, 2011

Earnings Per Share [Text Block]

2. LOSS PER SHARE

The computation of basic and diluted loss per common share is computed using the weighted average number of common shares outstanding during the year.

Due to the net losses for the periods ended June 30, 2011 and June 30, 2010, potentially dilutive securities have been excluded in the calculation of diluted loss per share because their inclusion would be anti-dilutive. Accordingly, basic and diluted loss per share are the same within each respective period.

The following potentially dilutive common shares were excluded from the calculation of diluted net loss per common share because their effect was anti-dilutive for the periods presented:

	(unaudited) June 30, 2011		(unaudited) June 30, 2010
Warrants		30,072,575		22,904,110
Stock options		9,782,920		8,712,920
Total		39,855,495		31,617,030